Draft Financial Strategy 2024/25 - 2028/29

December 4, 2024 Cabinet (Cabinet collective) Key decision Approved View on council website

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Summary

...to endorse the collaborative budget process, agree on themed savings areas for public consultation, and receive an updated Medium Term Financial Strategy in January 2025 incorporating the provisional local government financial settlement.

Full council record

Decision

RESOLVED:
 
That:
 

1.    
Cabinet endorsed the work undertaken through the collaborative
budget process and considers the proposed amendments and
assumptions made since receiving the October MTFS update.
 

2.    
Cabinet agreed the themed savings areas for public consultation
further to cross-party discussion on the details to be taken
forward as part of the budget consultation process.
 

3.    
An updated MTFS (following receipt of the provisional local
government financial settlement) is provided to Cabinet in January
2025, incorporating the results of the LGFS.

Related Meeting

Cabinet - Wednesday, 4th December, 2024 10.30 am on December 4, 2024

Supporting Documents

Draft Financial Strategy 2025.26 - 2029.30 R-18102024 1108.pdf

Details

OutcomeRecommendations Approved
Decision date4 Dec 2024
Subject to call-inYes